Falling Wedge Formation: The price of WOOUSDT is currently trading within a falling wedge pattern on the 4-hour timeframe. A falling wedge is a technical chart pattern characterized by converging trendlines that slope downward. This pattern often indicates a potential reversal from a downtrend to an uptrend.
Plancton's Rules Application: As per your analysis and Plancton's Rules, you're considering a new long position if the price successfully breaks out from the dynamic and static resistance levels. A long position involves buying the asset with the expectation that its price will rise, aligning with the anticipated bullish momentum indicated by the breakout attempt.
According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
Plancton's Rules Application: As per your analysis and Plancton's Rules, you're considering a new long position if the price successfully breaks out from the dynamic and static resistance levels. A long position involves buying the asset with the expectation that its price will rise, aligning with the anticipated bullish momentum indicated by the breakout attempt.
According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
노트
Still waiting for the breakout form the falling wedge
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.